Cognizant acquires SaaSfocus; deal expected to close in Q4 2018

Cognizant has acquired SaaSfocus thereby strengthening its business proposition in the Asia-Pacific region. The deal is expected to close in the fourth quarter of 2018. Cognizant has said that it will absorb all 350 employees of SaaSfocus.

SaaSfocus is a consulting firm which specialises in developing software based on salesforce technologies.

Through this acquisition, Cognizant is aiming to monetize on the digital-led transformation initiatives that its clients across various industries have undertaken.